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Carbonite Inc (NAS:CARB)
Days Payable
31.72 (As of Mar. 2016)

Carbonite Inc's payable for the three months ended in Mar. 2016 was $5.1 Mil. Carbonite Inc's cost of goods sold for the three months ended in Mar. 2016 was $14.8 Mil. Hence, Carbonite Inc's days payable for the three months ended in Mar. 2016 was 31.72.

CARB' s Days Payable Range Over the Past 10 Years
Min: 39.87   Max: 109.11
Current: 43.01

39.87
109.11

During the past 7 years, Carbonite Inc's highest Days Payable was 109.11. The lowest was 39.87. And the median was 78.90.

CARB's Days Payable is ranked lower than
51% of the 1346 Companies
in the Global Software - Infrastructure industry.

( Industry Median: 43.98 vs. CARB: 43.01 )

Carbonite Inc's days payable declined from Mar. 2015 (58.94) to Mar. 2016 (31.72). It may suggest that Carbonite Inc accelerated paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Carbonite Inc's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=8.384/38.784*365
=78.90

Carbonite Inc's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=5.129/14.755*365 / 4
=31.72

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Carbonite Inc Annual Data

Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 0.000.000.00101.30109.11107.8978.4639.8769.5278.90

Carbonite Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 40.0122.8636.3225.4667.0358.9474.1567.5483.1931.72
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